ConsenSys launches Linea zkEVM to further scale Ethereum

The Ethereum ecosystem welcomes different layer-2 scaling solution arsenic ConsenSys begins onboarding partners to its Linea network, which has produced important scaling milestones successful testing.

Linea is an Ethereum layer-2 scaling web that allows developers to physique oregon migrate decentralized applications for Ethereum. It operates utilizing zero-knowledge proofs and is Ethereum Virtual Machine (EVM) equivalent, meaning its applications tin seamlessly interact with the Ethereum blockchain.

The web went done a lengthy testnet period which saw immoderate 5.5 cardinal unsocial wallets transportation retired implicit 46 cardinal transactions. ConsenSys outlined improvements to Linea’s performance, transaction costs and idiosyncratic acquisition done its investigating period.

The gradual alpha merchandise began connected July 11 with much than 100 partners and ConsenSys touts faster throughput and 15 times little transaction fees than those executed connected Ethereum’s mainnet.

Linea besides integrates with ConsenSys’ Ethereum browser wallet MetaMask, giving Linea users entree to its token bridge, swap and bargain functionality.

ConsenSys laminitis and CEO Joseph Lubin highlighted the fig of furniture 2 Ethereum scaling protocols and solutions arsenic a cardinal constituent driving the improvement of Web3 applications and functionality:

“With the Merge to Proof of Stake and the wide traction of the rollup-centric roadmap, Ethereum L2s are acceptable to play a important relation successful making large advances successful scalability and usability.”

The announcement shared with Cointelegraph highlights decentralized concern (DeFi) applications migrating to Linea to pat into accelerated finality, superior businesslike span and inherited information from Ethereum’s mainnet.

Meanwhile the web besides offers little state fees, precocious throughput and debased latency, which are cardinal components needed to powerfulness nonfungible tokens, blockchain gaming and societal applications.

Related: Are ZK-proofs the reply to Bitcoin’s Ordinal and BRC-20 problem?

ConsenSys besides launched its Linea Ecosystem Investment Alliance (EIA), which volition spot much than 30 task superior firms lend superior and advisory assistance to ecosystem builders.

The motorboat of Linea’s alpha mainnet volition marque usage of safeguards to support users, DApps and the web itself. This includes lone allowing motorboat partners the execute calls to the web implicit the archetypal week.

ConsenSys intends to unfastened up the web during ETHCC successful France from July 17, portion immoderate limits connected withdrawals whitethorn beryllium instituted implicit the archetypal 90 days. The steadfast volition transportation retired a bug bounty and show strategy show earlier afloat opening LIna to extremity users.

Ethereum furniture 2's person been a large talking constituent successful 2023. Layer 2 improvement steadfast Polygon besides tooks its zkEVM web nationalist in March 2023. Meanwhile Starknet, whose laminitis Eli Ben-Sasson pioneered zk-proofs, has focused connected increasing throughput of its web this year.

Magazine: ZK-rollups are ‘the endgame’ for scaling blockchains: Polygon Miden founder